Colt's Manufacturing Company Assignment Example | Topics and Well Written Essays - 1750 words

Colts Manu occurrenceuring Company - Assignment ExampleColts Manufacturing Company is an American manufacturing company that deals with the manufacture of firearms. Samuel Colt founded it in the year 1836. It makes both civilian and military firearms in general used in America and other countries (Houze, Cooper, Kornhauser, & Colt, 2006). The companies most popular products include single action army, colt walker, Colt Commando, M4 carbine and colt python. The company mainly targets the get together States of America government and the civilians. The company serves both the local and international firearms markets.The company split into two in the year 2002. Colt Manufacturing Company mainly deals with the civilian market while Colt Defense serves the law enforcement countries (Houze, Cooper, Kornhauser, & Colt, 2006). The separation mainly helps in increasing the quality of the products by encouraging specialization. It withal enabled the company to clearly assess the performanc e of the two branches of their productions. This is always done with the aim of maximizing the income through separate management and attracting more investors. A company split up can in addition take place under the government orders in general delinquent to concern about monopolistic practices. The Colts Manufacturing Company highly encourages creativity and innovation in their productions. It is due to this, that they hasten come up with many firearm designs over their many years in operation. It is also due to this innovation that they have managed to have a tight grip on the firearms production application making it hard for the survival of new entrants (Groover, 2010). Innovation has also seen them come up with firearm designs that have been termed as way past their time. The Colts manufacturing Company mainly uses iron, brass, fiberglass, wood, ceramics, aluminum magnesium, zinc, and steel as their major raw material. Local companies either supply these materials and ot hers imported from foreign countries (Houze, Cooper, Kornhauser, & Colt, 2006). They also reuse some of the local materials as a way of reducing the material price. The company has a huge number of suitable employees who are charged with responsibility of transforming the raw materials into finished products. The machines and equipment that are available at the company for the interestingness of manufacturing always help the employees. These equipments include gunsmithing lathe, drill presses, riveters, propane torches, rifling cutters paint both, crimp tools and sundry(a) others. The company also relies a lot on its researches department, which always makes sure that the necessary information is available. The Colts manufacturing Company greatly relies on technology and innovation maintaining their market relevance. The innovation is evident in the encouragement and support they feed in to their employees during the designing period. Apparently, the company has had many designs that do not make it to the market. This exhibits the level of tolerance that the company accords the designers. The fact that some of the designs by the company have been considered to be way ahead of their time show solely how much the level of innovation in the company is high. The company has also avails all the resources and information that the designers might need during the process. The company has highly invested in technology. The development process is enhanced by the use of various machines that facilitate uniformity, quality standards and eliminates the possibility of defects. Such machines include the ones mentioned above. The company